Yuvwell Corporation's direct labor budget for next year contained the following Information: Budgeted direct labor-hours 1st...

 

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Yuvwell Corporation's direct labor budget for next year contained the following Information: Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 10,800 9,600 9,900 10,700 The company uses direct labor-hours as Its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.50 per direct labor-hour and its total fixed manufacturing overhead is $76,000 per quarter. The only noncash Item Included in fixed manufacturing overhead is depreciation of $19,000 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for next year. 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for next year. Yuvwell Corporation's direct labor budget for next year contained the following Information: Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 10,800 9,600 9,900 10,700 The company uses direct labor-hours as Its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.50 per direct labor-hour and its total fixed manufacturing overhead is $76,000 per quarter. The only noncash Item Included in fixed manufacturing overhead is depreciation of $19,000 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for next year. 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for next year.

Answer rating: 100% (QA)

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